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Excelsior Mining Announces AGM Results

Shareholder Meetings

NEWS RELEASE

Excelsior Mining Announces AGM Results

June 21, 2024

Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the “Company”)

reports that the nominees listed in the management information circular for the 2024 Annual General and

Special Meeting of shareholders were elected as directors of Excelsior. Detailed results of the vote for

the election of directors held at the Annual General and Special Meeting on June 20, 2024 in Vancouver,

B.C., are set out below:

Votes for

% Votes for

Votes withheld % Votes

withheld

Stephen Twyerould 169,527,664 98.40 2,767,691 1.60

Colin Kinley 170,348,564 98.87 1,946,791 1.13

Fred DuVal 170,319,764 98.85 1.975,591 1.15

Michael Haworth 170,346,564 98.87 1,948,791 1.13

Stephen Axcell 171,377,010 99.47 918,345 0.53

Shareholders at the Annual General and Special Meeting also voted in favour of: (i) setting the number

directors at five; (ii) appointing PricewaterhouseCoopers LLP as auditors; and (iii) approving the

Greenstone Resources L.P. conversion of debt to shares.

For more information on Excelsior, please visit our website at www.excelsiormining.com.

ON BEHALF OF THE EXCELSIOR BOARD

"Stephen Twyerould"

President & CEO

For further information regarding this press release, please contact:

Excelsior Mining Corp.

Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.

Shawn Westcott

T: 604 365 6681

E: [email protected]

www.excelsiormining.com